OIL PRICES RISE MARGINALLY AS BIG PRODUCERS MEET

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Both oil benchmarks were down from a day earlier after pulling back from a short rally in U.S. trading early Monday.

Investors are focused on Bloomberg data that suggests crude inventories in the U.S. are rising despite a lowering rig count. The total rig count in the U.S. has dropped by two to 860, according to energy services company Baker Hughes.

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